Any Tax Experts and know about T2203

[anastasia1009]

Hubby was self employed in Ontario - never paid any taxes. We moved to Regina and he works full time all taxes taken off. I know he has to pay federal tax on the full amount and studio tax did that. And T2203 needs to be filled out he does the Ontario and the Saskatchewan part - add them together and add them to his form. But there is a line about allocating percentage - is the percentage of how many months he lived there or his net income divide by the self employed gives him a percentage - then that amount minus 100 and that is his Saskatchewan percentage.

I am confused and I even took a tax course

thanks
deb

[lizzie bargain]

I have no idea either-you could always give Rev Canada a call and ask if nobody here knows how to do it either . Good luck-I guess it is that time of year to start thinking about filling in tax forms!

[brunt]

Check the form itself: http://www.cra-arc.gc.ca/E/pbg/tf/t2203/t2203-14e.pdf

The section headed "Tax and multiple jurisdictions" specifies:

When tax is payable to multiple jurisdictions,
provincial/territorial tax rates are applied to the taxable
income from all sources. Non-refundable tax credits and
some other tax credits are allowable (with certain
restrictions relating to residency) in calculating a "basic
provincial/territorial tax." The basic tax is then prorated by
applying the percentage of income allocated to that province
or territory.

[anastasia1009]

thanks for your help - I guess I can call when we get the real T4 slips from his job here and we have his contracts. The line I am confused ...The basic tax is then prorated by applying the percentage of income allocated to that province or territory.. Is the percentage based on months we lived in Ontario and Sask then it would 8 months in Ontario and 4 months in Sask.

[brunt]

thanks for your help - I guess I can call when we get the real T4 slips from his job here and we have his contracts. The line I am confused ...The basic tax is then prorated by applying the percentage of income allocated to that province or territory.. Is the percentage based on months we lived in Ontario and Sask then it would 8 months in Ontario and 4 months in Sask.

It is prorated by the dollars earned in each province, not the time.

[Ciel]

In Column 2: Allocate the amount from line 2 to each province and territory where you had a permanent establishment in 2014.
For more information, see Part XXVI of the Income Tax Regulations.

From Part 1 of the form (note, I took the Basic tax course twice and I don't recall this form coming up because we did fairly straight forward return situations that showed different family tax credit scenarios or CSB interest calculations).

http://laws-lois.justice.gc.ca/eng/r...-87.html#h-192

Brunt's right-Part XXVI supports his answer.

[anastasia1009]

cool thanks - so we spent 8 months in Ontario and 4 months in Saskatchewan. So 67% of his income allocated to Ontario and 33% allocated to Saskatchewan. He didn't earn that much in Ontario cause he was graduating school with his PhD so I hope he gets money back.
I will call them this week